R J Clayton Limited - Abbreviated accounts

R J CLAYTON LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 APRIL 2014

































Company Registration Number: 07189821

R J CLAYTON LIMITED

ABBREVIATED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2014


CONTENTS									PAGES



Company information									1

Balance sheet									2 to 3

Notes to the abbreviated financial statements									4 to 5

R J CLAYTON LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2014


DIRECTOR

R J Clayton


SECRETARY

The company does not have an appointed secretary


REGISTERED OFFICE

16 Broad Field Road
Yarnton
Oxford
OX5 1UL


COMPANY REGISTRATION NUMBER

07189821 England and Wales

R J CLAYTON LIMITED

BALANCE SHEET
AS AT 30 April 2014


	Notes	2014		2013
		£		£

FIXED ASSETS
Intangible assets	2		383,472		462,170

CURRENT ASSETS
Debtors		12,000		-
Cash at bank and in hand		25,159		381


		37,159		381

CREDITORS: Amounts falling due		244,466		285,175
within one year


NET CURRENT (LIABILITIES)			(207,307)		(284,794)


TOTAL ASSETS LESS CURRENT LIABILITIES			176,165		177,376

CREDITORS: Amounts falling due			86,895		104,077
after more than one year


NET ASSETS			89,270		73,299



CAPITAL AND RESERVES
Called up share capital	3		100		100
Profit and loss account			89,170		73,199


SHAREHOLDERS' FUNDS			89,270		73,299



These abbreviated accounts have been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities (effective April 2008).

For the financial year ended 30 April 2014 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

Members have not required the company to obtain an audit in accordance with section 476 of the Act.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

Signed on behalf of the board


R J Clayton
Director

Date approved by the board: 29 January 2015

R J CLAYTON LIMITED

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2014


1	STATEMENT OF ACCOUNTING POLICIES

	Accounting convention

	The accounts have been prepared under the historical cost convention and are based on accounts prepared in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

	Turnover

	Turnover represents the value of the company's share of the trading profits of an accountancy practice.

	Goodwill

Goodwill is amortised over the useful economic life of the asset which is 4 years in respect of the asset acquired during the year ended 30 April 2013 but is otherwise deemed to be 20 years.


	Financial instruments

	Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

2	INTANGIBLE ASSETS
					Intangible assets
					£
	Cost
	At 1 May 2013				539,403

	Disposals				(26,747)


	At 30 April 2014				512,656


	Accumulated amounts written off
	At 1 May 2013				77,233

	Charge for year				56,093

	Disposals				(4,142)


	At 30 April 2014				129,184


	Net book value
	At 1 May 2013				462,170


	At 30 April 2014				383,472


3	SHARE CAPITAL
		Nominal value	Number	2014	2013
		£		£	£
	Allotted, called up and fully paid:
	Ordinary shares	1	50	50	50
	Ordinary class A shares	1	50	50	50


				100	100